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Auslanco - GBP/JPY and GBP/USD (newstrade)

  • #182,221
  • Jun 17, 2009 12:38am Jun 17, 2009 12:38am
Quoting grashid
align with you...thanks

If this hour candle is not a Doji.. then dont short...
Markets are not Random, they are designed!
  • #182,222
  • Jun 17, 2009 12:40am Jun 17, 2009 12:40am
Quoting Raza
If this hour candle is not a Doji.. then dont short...
H4 i believe and not H1...
  • #182,223
  • Jun 17, 2009 12:42am Jun 17, 2009 12:42am
What is kicking the prices this way?
  • #182,224
  • Jun 17, 2009 12:46am Jun 17, 2009 12:46am
Quoting pino2
What is kicking the prices this way?
bULLISH INVERTED HAMMER ON hOURLY...
Markets are not Random, they are designed!
  • #182,225
  • Jun 17, 2009 12:49am Jun 17, 2009 12:49am
Quoting grashid
H4 i believe and not H1...

same here mate...next 4hrs candle is very important.
MY OPINION NOT FINANCIAL ADVISE
  • #182,226
  • Jun 17, 2009 1:01am Jun 17, 2009 1:01am
I guess prices will fall to 157.9 - 158 then it will go up again to 160, I might be wrong
  • #182,227
  • Jun 17, 2009 1:10am Jun 17, 2009 1:10am
Quoting pino2
I guess prices will fall to 157.9 - 158 then it will go up again to 160, I might be wrong

IMHO price should test that zone if 1hr make a new high ..
Attached Image (click to enlarge)
Click to Enlarge Name: today 2.gif Size: 26 KB
MY OPINION NOT FINANCIAL ADVISE
  • #182,228
  • Jun 17, 2009 1:23am Jun 17, 2009 1:23am
Whenever I#m having trouble predicting PA, I revert back to good old Gann + QQE.
4hr and 1hr just turned bullish and 50ema and 200ema on 1hr TF being tested.

Shorts on the shelf for now.
  • #182,229
  • Jun 17, 2009 1:26am Jun 17, 2009 1:26am
Quoting donfriday
same here mate...next 4hrs candle is very important.
that what i just told Balajis in our chatting to wait n see at R1/2 area
I saw H4 in low vol of sell and M5/M15 buying keep improving.....mm..now it true as what i told him even close to that mentioned area
  • #182,230
  • Jun 17, 2009 1:26am Jun 17, 2009 1:26am
Quoting ukdaytrader
Whenever I#m having trouble predicting PA, I revert back to good old Gann + QQE.
4hr and 1hr just turned bullish and 50ema and 200ema on 1hr TF being tested.

Shorts on the shelf for now.


nice indicator from the old pro in this forum...kindly post a chart so others will understand better...not rude mate just think it will be fun to see ur own opinion..
MY OPINION NOT FINANCIAL ADVISE
  • #182,231
  • Jun 17, 2009 1:34am Jun 17, 2009 1:34am
BULLTRAP!
  • #182,232
  • Jun 17, 2009 1:36am Jun 17, 2009 1:36am
patience..it will soon play out ^^

(demo)
Attached Image (click to enlarge)
Click to Enlarge Name: 17.06.png Size: 20 KB
  • #182,233
  • Jun 17, 2009 1:37am Jun 17, 2009 1:37am
Quoting donfriday
nice indicator from the old pro in this forum...kindly post a chart so others will understand better...not rude mate just think it will be fun to see ur own opinion..
sure, here you go.
1hr TF
Attached Image (click to enlarge)
Click to Enlarge Name: 1hr test.gif Size: 21 KB
  • #182,234
  • Jun 17, 2009 1:39am Jun 17, 2009 1:39am
Quoting Dr.Geppynius
patience..it will soon play out ^^

(demo)
hehehe..if that is a live account i will kill myself and rest in peace...u are g8 trader..
MY OPINION NOT FINANCIAL ADVISE
  • #182,235
  • Jun 17, 2009 1:42am Jun 17, 2009 1:42am
Quoting donfriday
hehehe..if that is a live account i will kill myself and rest in peace...u are g8 trader..
just fooling around to force a margin call on a 1mill acc

it all depends on your position...many grow to a level where a floating loss of -10k is just a number and nothing else....you need to get to the point when you trade because of the thrilling factor and that your decision proves to be right, not because of the money ^^
  • #182,236
  • Jun 17, 2009 1:46am Jun 17, 2009 1:46am
Quoting Dr.Geppynius
just fooling around to force a margin call on a 1mill acc

it all depends on your position...many grow to a level where a floating loss of -10k is just a number and nothing else....you need to get to the point when you trade because of the thrilling factor and that your decision proves to be right, not because of the money ^^

wow u are right..i give u the pledge today 1mill account....just my cent but it will grow..
MY OPINION NOT FINANCIAL ADVISE
  • #182,237
  • Jun 17, 2009 3:23am Jun 17, 2009 3:23am
Chart tf 1H updated if you think so.
Attached Image
  • #182,238
  • Jun 17, 2009 3:42am Jun 17, 2009 3:42am
9:30am GBP data just released and was better than expected as confirmed per Bloomberg TV. But, after cable's ride down to ~1.6366 and the pre-news 20 min wait, it's jumped to 1.6430 and 4 min later down to where it started. Now looking to potentially tank further. Good thing my SL on longs prevented me greater losses. My guess is Yen strength in GBPJPY is confusing/holding back cable's recovery.
  • #182,239
  • Jun 17, 2009 3:45am Jun 17, 2009 3:45am
These markets are becoming so manipulated now - that it is hard to have a view ahead of more than an hour or two - otherwise a huge account.
  • #182,240
  • Jun 17, 2009 3:45am Jun 17, 2009 3:45am
By any mean, how this pair had some good figures in the last news, and that it falls this way
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